Mr. Renaud Hinse reports

ABCOURT'S DIRECTORS HAVE APPROVED TWO-MILLION (2) DOLLARS EXPLORATION PROGRAM AT DEPTH AT THE ELDER MINE

Abcourt Mines Inc.'s directors have approved a $2-million exploration project at depth at the Elder mine. The main objective is to open level 16 and to explore the junction of various veins with the Silidor and Smoky Creek faults as shown on the Quebec geoscientific compilation map 32 D/3 -- 403 and 404, four mines were exploited in these faults, as follows:

• In the Silidor fault, a mine with the same name produced three million tonnes with a grade of five grams per tonne of gold.
• In the Smoky Creek fault, three ore bodies were exploited, as follows:
  • New Senator mine, 1.7 million tonnes at 4.7 g/t of gold;
  • Eldrich mine, one million tonnes at 5.3 g/t of gold;
  • Stadacona mine, 2.8 million tonnes at 5.25 g/t of gold.

These two faults are promising exploration targets where new veins may be found in any direction. To start, some drilling will be done in vein 7 from drifts on levels 5 an 6.

About Abcourt Mines Inc.

Abcourt Mines is a gold producer and a Canadian exploration company with strategically located properties in northwestern Quebec. The Elder property has gold resources (2018) and a positive preliminary economic assessment study (2012). Abcourt is focusing on the exploitation of the Elder mine.

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